Answer the question on the basis of the following production possibilities tables for countries Alpha and Beta: Alpha Production Possibilities:
Beta Production Possibilities:
Refer to the tables.Assume that before specialization both nations chose to produce alternative B.The gains from specialization and trade would be:
A) 2 units of X and 2 units of Y.
B) 4 units of X.
C) 4 units of Y.
D) 6 units of X and 3 units of Y.
Correct Answer:
Verified
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